Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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You wouldn't know what to do with that money anyway. (lemmy.world)

submitted 7 months ago by [email protected] to c/[email protected]

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cross-posted from: https://lemmy.world/post/19930828

Landlords are parasites on society

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[–] [email protected] 3 points 7 months ago

There are situations where renting makes a lot more sense, which is why I don't think this would be a good idea. Simply increasing the tax based on number of residential properties owned would help tremendously. Corporations wouldn't be interested in owning residential properties because of the high taxes, and landlords would own at most 3 or 4 properties before the taxes get too high to make any margin.